Embracer thinks that by buying studios, it could somehow magically make money. Embracer has no sense of the gaming market or who to sell what games? It has no sense about what projects to greenlight or not. It had already failed once, and it will fail again, most probably.

And they better sty that way for a while. More acquisitions will bring debt that will probably be gambled on, instead of trying to stabilize their portfolio.

The only ones who won with Embracer buying spree were studio owners and execs with their bonuses.